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Prada Group Buys Versace Fashion House From Its U.S. Owner

Italy's Prada agrees to buy fashion rival Versace for $1.3 billion

Prada's $1.3 billion acquisition of Versace strengthens Italy's hand in the luxury industry led by French conglomerates.

The Associated Press on MSN · 27m

Prada Group buys Versace fashion house from its U.S. owner in a deal valued at $1.4 billion

The Prada Group has announced the purchase of the Versace fashion house from the U.S. luxury group Capri Holding in a cash deal valued at 1.25 billion euros ($1.4 billion.

CBS News on MSN · 1h

Prada to buy Versace in a deal valued at $1.4 billion

The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion). Prada said the addition of Versace's "highly recognizable aesthetic

Prada to Buy Versace from Capri

The Italian fashion house was purchased for €1.25 bn from Capri, which is restructuring after a failed merger with Tapestry.

GQ28d

End of an Era: Donatella Versace Steps Aside

On Thursday, Versace announced that Donatella Versace ... In her three-decade reign, Donatella pushed men’s fashion to the outer boundaries of unapologetic flashiness, dressing her friends ...

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Inside the Versace Clash Between Donatella and the ‘American Cowboy’ CEO

He issued directives to remove men’s silk shorts from mannequins ... By the Fall/Winter 2021 fashion show, a new Versace look was on display. Models took to the catwalk in shades of black ...

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Prada Group Buys Versace Fashion House From Its U.S. Owner

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